Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Yololintian]

Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?

[aminorex]

checked back a couple pages and didnt see any conflict. Whats goin on suddenly?

Hidden Markov model:
Between the lines a subtext --
war for justice, truth.

[JorgeStolfi]

Today (Sunday Mar/02) trade volume was extremely low: only ~94 kBTC, the lowest since the Chinese New Year holidays (Jan/29--Feb/05).  Since that week, the volume has been below 100 kBTC only once, on Feb/19 (~95 kBTC).  Today's total was less than 1/10 of Tuesday's peak (~948 kBTC).

Compared to yesterday, volume fell 55% outside China (33 to 15), 57% in China (183 to 79), and 57% overall.  China's slice was 84% of the total.

In China, Huobi decreased the most, 61% (from 104 to 41) but was still ahead of OKCoin (35 kBTC).

Outside China, Bitstamp decreased 55% (from 14 to 6.44),  BTC-e 52% (9.55 to 4.58), and Bitfinex 64% (8.62 to 3.13).  Their ranking did not change but Bitfinex fell further behind BTC-e.

[solex]

Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?

Litecoin is being crushed by Auroracoin. Loads of hashing power has moved across.

[derpinheimer]

Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?

Litecoin is being crushed by Auroracoin. Loads of hashing power has moved across.

LTC difficulty hasnt reall moved..

Wtf are people mining that crapcoin for?

[solex]

This reason http://auroracoin.org/blueprint.php

(I don't own any. Yet!)

[jojo69]

Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?

Litecoin is being crushed by Auroracoin. Loads of hashing power has moved across.

cool, maybe scryptguild will get some LTC blocks

[octaft]

ROTFL! I put Jorge on "ignore" because I like to think well of people and could no longer extend to him the benefit of the doubt. Now I want him to carry through with his threat because that would give me reason to respect him.

Give us your worst, you ivory-towered fraud. I'm pretty sure I deserve a come-comeuppance, but I highly doubt it's going to come from you.

If you've only been trading Bitcoin since last June, then you've never been through a correction yet. I think you're a woman. You write like a woman, you trade like a woman. You're very smart and I respect your analysis, but it's almost certain you're going to miss the big turn because you are too risk averse. Yer gonna hate me for saying so, but there's a reason we call cowards pussies.

Nice thinking well of people there, eh? I'm sure he'll lose so much sleep being ignored by a misogynist asshole.

[HairyMaclairy]

So I just read five pages to catch up to find out nothing happened but name calling. 

Good to see things are normal here today.

[SilverandBitcoins]

Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?

Litecoin is being crushed by Auroracoin. Loads of hashing power has moved across.

What on earth is an Auroracoin?

[gog1]

holy, another bid wall just come up

$566.20   1780.12913604   $1,007,909.12

[HairyMaclairy]

Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?

Litecoin is being crushed by Auroracoin. Loads of hashing power has moved across.

What on earth is an Auroracoin?

Odds are a pump and dump.  can't be bothered looking it up.

[SilverandBitcoins]

Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?

Litecoin is being crushed by Auroracoin. Loads of hashing power has moved across.

What on earth is an Auroracoin?

Odds are a pump and dump.

The more I learn about alternate coins the more I think almost all of them suck.

[niothor]

Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?

Litecoin is being crushed by Auroracoin. Loads of hashing power has moved across.

What on earth is an Auroracoin?

The mega pump and dump of the year?

[billyjoeallen]

ROTFL! I put Jorge on "ignore" because I like to think well of people and could no longer extend to him the benefit of the doubt. Now I want him to carry through with his threat because that would give me reason to respect him.

Give us your worst, you ivory-towered fraud. I'm pretty sure I deserve a come-comeuppance, but I highly doubt it's going to come from you.

If you've only been trading Bitcoin since last June, then you've never been through a correction yet. I think you're a woman. You write like a woman, you trade like a woman. You're very smart and I respect your analysis, but it's almost certain you're going to miss the big turn because you are too risk averse. Yer gonna hate me for saying so, but there's a reason we call cowards pussies.

Nice thinking well of people there, eh? I'm sure he'll lose so much sleep being ignored by a misogynist asshole.

He's un-ignored now. The potential entertainment value is simply too great to pass up. Low volume scare-mongering is amusing, as if a drop from here will do anything except allow me to increase my holdings. I'm a mysogynist asshole with thick skin. Holding BTC for years has that effect.

TERA is claiming to have out-performed the market ~5,000%. Decide for yourself if that's a credible claim, but it puts me in the position of either calling out a false claim or learning something. Either way, I benefit.

[Nicholas-Carraway]

Pro buyerz, ice in their veins.

[sonofliberty]

[seleme]

Some serious buyer over there, looks like he got nervous waiting. Interesting. Sucker, just when I should go to bed 

[solex]

Litecoin and ltc/btc continue to drop. Today they dropped a lot more than I would expect given that bitcoin didn't really move much. Do any experienced traders see this as a bearish sign for bitcoin? Is it possible that people are losing confidence in the market and therefore are selling alt-cryptos first before selling their bitcoin?

Litecoin is being crushed by Auroracoin. Loads of hashing power has moved across.

What on earth is an Auroracoin?

The mega pump and dump of the year?

The first attempt to displace the fiat currency for an entire country. A grand experiment which will prove very interesting, whatever happens. Let's just say that if it succeeds then it will be very bullish for Bitcoin too.

[cbutters]

This..... absolutely this.....